Arta TechFin partners with Chainlink Labs

Arta TechFin partners with Chainlink Labs

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Arta TechFin and chain link laboratory

This is an important step towards achieving a unified traditional and decentralized financial landscape. Alta Technology Finance Co., Ltd. Announced a plan to develop an interoperable fund token that will Blockchain big.

The move sees a partnership with Chainlink Labs, the leading developer of the Chainlink decentralized computing platform.

Arta TechFin and Chainlink combine the advantages of DeFi and TradFi

Arta TechFin will combine the advantages of decentralized finance (Decentralized Finance) and traditional finance (TradFi), by providing fund tokens that support secure transfers on public and private blockchains.

One of the highlights of this collaboration is the use of Chainlink’s Cross-Chain Interoperability Protocol (CCIP).

CCIP ensures that token transfers are not only highly secure, but also provide liquidity to the market in exchange for tokenized cash or Stablecoinoften called atomic payments or cash on delivery.

In addition, with the addition of Feed chain linkthe Net Asset Value (NAV) reporting process becomes more transparent and reliable.

Investors and market participants must have access to the latest NAV data to ensure informed decisions are made.

Publishing this data on-chain ensures immediate accessibility.Another great benefit is Reserve Certificate (Proof of Reserves) Chainlink verifies that on-chain fund tokens are properly backed and secured by designated assets from traditional and cryptocurrency custodians.

Arta TechFin co-CEO Eddie Lau highlighted the potential of the collaboration.

He commented:

“By integrating Chainlink CCIP and Proof of Reserves, we aim to provide a managed fund token that provides the best user experience, combining the advantages of DeFi over TradFi.

This solution can energize the native token community and increase the participation of high-profile financial institutions. “

A new dawn for Web3 investors

Arta’s fund tokens will bring new experiences to users Network 3. These tokens will embody the core strengths of DeFi, such as atomic payments, proof of reserves, cross-chain interoperability, and automated market making.

The goal is to achieve optimal risk-adjusted returns combined with daily liquidity through investment strategies involving U.S. Treasury securities and other risk-free securities.

What makes these tokens unique is their purpose smart contract For investment management. Investors need to enter details such as the acquisition date and expected return on investment. Once these are set up, the smart contract takes over and automatically executes the order.

These investment products are based on fiat currencies and significantly reduce counterparty and settlement risks.

Arta TechFin also leads venture-based identity and onboarding development, implementing regulatory standards for KYC, AML and appropriate processes.

The use of cryptographic challenges and proofs and zero-knowledge proof techniques ensures privacy is maintained and governance is enforced.

These approaches promise to streamline the onboarding process, benefiting investors and financial institutions.

Introduction to Pioneer Units

Arta TechFin Corporation Limited (HKEx: 0279) is a hybrid finance (HyFi) platform that serves as a bridge between traditional finance and blockchain-centric financial systems through innovation technology advanced.

Their fully managed solution provides businesses, financial institutions and family offices with a platform to explore traditional and digital assets. Arta TechFin has multiple subsidiaries and is licensed by the Hong Kong Securities and Futures Commission and other reputable financial institutions.

Chainlink Labs, on the other hand, is a giant in the decentralized computing space. As the lead developers behind Chainlink, they have placed themselves at the forefront of creating verifiable websites.

Their reputation in the field is underpinned by partnerships with major financial institutions such as Swift, DTCC and ANZ, as well as leading Web3 groups such as Aave and Synthetix.

In this promising partnership, the integration of traditional finance and the decentralized world will reach new milestones, ushering in a new era of investment and financial operations.

get conclusion

In a landmark move, Arta TechFin and Chainlink Labs join forces to redefine the financial landscape.

By seamlessly integrating the advantages of decentralized finance and traditional finance, this partnership is paving the way for a harmonious investment environment.

With innovative fund tokens, transparent data feeds, and the promise of enhanced security, the merger of these two financial giants offers a bright future for investors and the broader financial market.

As the lines between traditional and decentralized systems blur, this project illustrates the transformative potential of collaboration in the blockchain era.

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